Latin Metals Stock Price, News & Analysis

Latin Metals (LMSQF) has signed a definitive option agreement with Golden Arrow Resources to acquire up to 100% interest in the Huachi copper-gold project in San Juan Province, Argentina. The 3,500-hectare property is adjacent to Latin Metals' Esperanza project. The agreement allows Latin Metals to acquire an initial 75% interest by investing US$1 million in exploration and making US$1 million in cash payments over four years. The company can then acquire the remaining 25% for US$2 million within 90 days. If Latin Metals doesn't exercise this Top-Up Right, a joint venture will form with Latin Metals holding 75% and Golden Arrow 25%. Any party diluting below 15% will have their interest converted to a 1% NSR royalty. Work commitments and payments begin after environmental permit approval.

Latin Metals (LMSQF) has secured approval for a Social & Environmental Impact Report (SEIR) for exploration drilling at its Organullo Gold Project in Salta Province, Argentina. The permit allows for up to 11,900m of diamond drilling through Latin Metals' subsidiary Cardero Argentina S.A. The project is under an option agreement with AngloGold Ashanti, which can earn up to 80% interest through an initial 75% option and a 5% top-up option. AngloGold Ashanti will proceed with drilling preparations, including community, environmental, and safety obligations. The company operates under a prospect generator model with 18 projects, partnering with major mining companies like AngloGold Ashanti and Moxico Resources to fund exploration while minimizing risk and dilution.

Latin Metals Inc. (LMSQF) has announced its participation in THE Mining Investment Event, scheduled for June 3-5, 2025, at the Quebec Convention Centre. The company's CEO Keith Henderson and VP of Investor Relations Elyssia Patterson will be available for one-on-one meetings during the conference. As a prospect generator, Latin Metals operates with strategic partnerships, including AngloGold Ashanti and Moxico Resources, who fund exploration activities for their copper and gold projects, enabling advancement without shareholder dilution. The event serves as a platform for the company to showcase its progress and engage with potential strategic investors.

Latin Metals (LMSQF) has successfully closed its oversubscribed non-brokered private placement, raising $1.33 million through the issuance of 12,095,454 units at $0.11 per unit. Each unit includes one common share and one warrant exercisable at $0.20 for 36 months. The company paid finder's fees to Leede Financial ($37,870 and 344,272 warrants) and Haywood Financial ($3,850 and 35,000 warrants). The proceeds will fund exploration, generative work, and working capital. Latin Metals operates under a prospect generator model in Peru and Argentina, with current partnerships including AngloGold Ashanti and Moxico Resources. The company is actively participating in investor conferences to showcase its portfolio.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has appointed Elyssia Patterson as Vice President of Investor Relations, effective immediately. Patterson, who joined the company in 2020, has been instrumental in expanding capital markets engagement across North American, South American, and European investor audiences.

The company will participate in upcoming industry events including the 121 Mining Investment Conference in London (May 12-13, 2025), Deutsche Goldmesse Spring 2025 in Frankfurt (May 16-17), and The Mining Event in Quebec City (June 3-5, 2025).

Latin Metals has granted 1,500,000 common share stock options to directors, officers, and consultants at $0.12 per share for 36 months, bringing total options to 7.9% of outstanding stock. The company operates under a prospect generator model in Peru and Argentina, with current option agreements with AngloGold Ashanti and Moxico Resources.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has achieved a significant milestone by receiving formal approval of the Environmental Impact Assessment (EIA) for its Cerro Bayo Project in Santa Cruz Province, Argentina. The approval authorizes drill testing across nine high-priority targets with 21 approved drill pads.

The project is located in the Deseado Massif, a prolific mining district that has produced nearly 600 million ounces of silver and 20 million ounces of gold since 1990. The region hosts over 30 operating mines and exploration projects. Cerro Bayo exhibits characteristics of a classic epithermal silver-gold system, with extensive data compiled by previous partners including Barrick Gold.

The company operates under a prospect generator model, currently partnering with AngloGold Ashanti and Moxico Resources on other projects. Latin Metals is actively seeking partnership opportunities for Cerro Bayo and will participate in upcoming mining investment conferences in London, Frankfurt, and Quebec City during May-June 2025.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has identified significant geophysical anomalies at its Cerro Bayo project in Santa Cruz Province, Argentina. The company has acquired historical exploration data including a 130-line-km gradient array Induced Polarization (IP) survey, which revealed pronounced chargeability and resistivity anomalies.

The survey highlights include:

• Strong correlation between chargeability anomalies and previously mapped mineralized structures
• Anomalous geophysical trends open to the northwest
• Alignment of Eugenia and Gabriela target areas with highest-intensity geophysical anomalies
• Discovery of new exploration targets including Julia/Elena and Lara zones

The Cerro Bayo project is located in the Deseado Massif, a prolific mining region known for world-class gold and silver deposits. The project's mineralization is consistent with epithermal gold-silver systems, building on historical data compiled by previous operators including Barrick Gold.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has executed a data purchase agreement with Vale Exploration Peru for their Para copper project in Peru. The agreement provides Latin Metals with comprehensive exploration data, including geological mapping, 282 rock sample assays, and geophysical survey results. In exchange, Vale receives a Right of First Offer valid from prefeasibility study completion until 2035.

The Para Copper Project, spanning 1,900 hectares in Peru's Coastal Copper Belt, has shown promising surface copper mineralization with values ranging from 251 ppm to 1,505 ppm, and molybdenum up to 46 ppm. Two primary anomalous zones have been identified, including a 2,000m x 1,000m area. Vale's previous work identified four drill targets and completed drill permitting, suggesting future permits could be obtained.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has reported significant exploration results from its La Flora project in Argentina, where visible gold was discovered in outcropping structures. Sample assays revealed impressive values of up to 82 g/t gold and 1,239 g/t silver.

The project is located within the Cerro Bayo district in the Deseado Massif geological province, an area known for substantial precious metal deposits. Initial exploration was conducted by Barrick Gold, with Latin Metals completing additional mapping in late 2024 and expanding to La Flora for the first time.

The company has completed all requirements for an exploration and drilling permit, expecting approval in Q1 2025. Latin Metals operates under a Prospect Generator model, focusing on acquiring prospective properties at minimal cost and securing joint venture partners for advanced exploration.